dan deming of stutland equities joins us now for chart talk. good morning dan. > > good morning angie. > we are taking a look this morning at the volatility index - the vix. it is a measure of anxiety in the market over the next 30 days. but the vix has been very low, basically saying there is not a lot of fear in this market. what does that tell you as a trader? you trade the vix all day long. > > i do angie. right now we are seeing in the vix complex, you are seeing the vix level very low. it is at historic levels, basically going back pre-2006, to those types of levels. so, we are seeing a very low cash symbol. but the thing we are keeping a very close eye on in the vix markets is the futures-the spread between the futures and cash. and you're seeing february future trading at about a two-month premium to cash. so you are seeing some vol buying going on down here. we have also seen some repositioning in the vix as far as options orders coming in. we are seeing some vol buyers of like the 20-strike and selling a quarter-strike. so basically,